The Nasdaq gapped down on the
open.
The green dot indicates the opening
price.
It's not going to be an easy
day. 
2008-02-20 22:59:18 hatch shadow
Good evening.

2008-02-20 23:03:00 hatch shadow
The Nasdaq closed decisively below the 20-day MA yesterday.
Currently, the futures are weak.


2008-02-20 23:03:35 hatch shadow
Many stocks will be opening lower.
2008-02-20 23:04:10 hatch shadow
GOOG has the biggest downside gap. It will open at a 5-day low. It
is a short candidate.

2008-02-20 23:05:02 hatch shadow
Here are the charts.

2008-02-20 23:05:23 hatch shadow
‚a‚h‚c‚t is another short candidate.
2008-02-20 23:05:46 hatch shadow
‚r‚o‚v‚q. This one is hard to borrow.

2008-02-20 23:05:54 hatch shadow
‚b‚q‚n‚w, a short candidate.
2008-02-20 23:06:10 hatch shadow
WFMI. This one is hard to borrow.
2008-02-20 23:06:17 hatch shadow
More short candidates...
2008-02-20 23:06:31 hatch shadow
‚l‚d‚k‚h

2008-02-20 23:06:49 hatch shadow
‚`‚l‚y‚m.

2008-02-20 23:07:18 hatch shadow
‚b‚n‚r‚s


2008-02-20 23:08:00 hatch shadow
GRMN is gapping up, a long candidate.
2008-02-20 23:08:11 hatch shadow
The weekly chart does not look good, but this one is today's long
prospect.
2008-02-20 23:08:24 hatch shadow
More long candidates...

2008-02-20 23:08:54 hatch shadow
‚e‚v‚k‚s, a 30-min. pattern candidate.

2008-02-20 23:09:06 hatch shadow
PCLN has excellent chart patterns, a 30-min. gap candidate.
2008-02-20 23:09:21 hatch shadow
‚s‚d‚u‚`


2008-02-20 23:09:41 hatch shadow
‚r‚s‚k‚c
2008-02-20 23:10:24 hatch shadow
ILMN

�@
2008-02-20 23:10:49 hatch shadow
‚d‚r‚q‚w

2008-02-20 23:11:08 hatch shadow
‚b‚s‚r‚g

2008-02-20 23:11:12 hatch shadow
Pay attention to this one.

2008-02-20 23:11:29 hatch shadow
‚a‚t‚b‚x, nice charts.
2008-02-20 23:11:41 hatch shadow
‚a‚l‚q‚m

2008-02-20 23:16:04 hatch shadow
PAYX, a hatch 3 stock, formed a wide range down bar.

2008-02-20 23:16:14 hatch shadow
It had a good chart pattern, but nonetheless ended weak. This kind
of thing could happen once in a while.
2008-02-20 23:30:09 hatch shadow
The market has opened.
2008-02-20 23:30:22 hatch shadow
Long ‚f‚q‚l‚m.

Down $108 for 200 shares.
It was a 5-day high. It was a magic cross. It took out the prior
day's resistance. But, the stock still reversed to the downside.

2008-02-20 23:30:35 hatch
shadow
Short GOOG as planned.

A 5-day low and a magic cross.

�@
Up $131 for 50 shares.
2008-02-20 23:31:39 hatch shadow
Long ‚j‚k‚`‚b.

2008-02-20 23:31:58 hatch shadow
‚`‚l‚y‚m

Up $92 for 200 shares.
The daily is in a downtrend.


The daily is in a downtrend.


Up $240 for 500 shares.
2008-02-20 23:32:42 hatch shadow
‚o‚b‚`‚q�@

Up $65 for 500 shares.
�@
2008-02-20 23:33:40 hatch shadow
‚p‚b‚n‚l

Up $160 for 500 shares.
2008-02-20 23:34:04 hatch shadow
‚f‚h‚k‚c, a 30-min. gap pattern.

The gap was too big.
2008-02-20 23:34:19 hatch shadow
‚f‚n‚n‚f is moving lower.

2008-02-20 23:34:35 hatch shadow
Also ‚a‚h‚c‚t.

2008-02-20 23:36:54 hatch shadow
‚f‚q‚l‚m may be bought at the lower boundary.

Up $200 for 200 shares.
2008-02-20 23:37:38 hatch shadow
NDAQ is on hatch 3.

2008-02-20 23:39:31 hatch shadow
‚b‚n‚r‚s

Up $150 for 500 shares.
2008-02-20 23:46:50 hatch shadow
hatch 3

2008-02-20 23:49:11 hatch shadow
Short ‚m‚c‚`‚p here.

The Nasdaq formed a wide range
up bar.

Source: 2006 CQG, Inc. All rights reserved worldwide.